Brickwork reaffirms credit rating of Rodium Realty; stock gains 1.5%

The credit rating agency assigned BWR BB+ /Stable rating on the company’s credit facilities.

Mar 10, 2021 12:03 IST India Infoline News Service

Brickwork Ratings India Pvt. Ltd. (BWR) has reaffirmed the Credit Rating of Rodium Realty Limited at BWR BB+ /Stable.

The company reported a net loss at Rs0.03cr in the quarter ended December 2020 as against a net loss of Rs0.28cr during the previous quarter ended December 2019. Sales declined 32.24% to Rs4.33cr in the quarter ended December 2020 as against Rs6.39cr during the previous quarter ended December 2019.

Ata round 12.30 pm, Rodium Realty Ltd was trading at Rs66 per piece up by Rs1 or 1.54% from its previous closing of Rs65 per piece on the BSE.

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